100WHF offers CAIA scholarships

Opalesque Industry Update –
100WHF announced in February that we will offer 10 Chartered Alternative Investment Analyst ("CAIA") scholarships each year for the next five years through our newly formed 100 Women in Hedge Funds Institute ("the Institute"). These scholarships will be sponsored by Pacific Alternative Asset Management Company, LLC ("PAAMCO") and are the inaugural educational scholarships for the Institute, which was created to provide 100WHF members with unique educational opportunities and scholarships. Recipients who complete the program will earn their CAIA designation: the only professional designation focused exclusively on alternative investments.

To be eligible for scholarships, applicants must be full Members of 100WHF, not be eligible for program reimbursement by their employers, and have one year of professional experience in the alternative investment industry. The scholarships will cover enrollment and registration fees for CAIA Level I and Level II exams, the CAIA Knowledge Series textbooks provided courtesy of Wiley Publishing, the Schweser CAIA Level 1 Premium Plus program support courtesy of Kaplan Schweser, and the first year CAIA Association membership fee. Scholarship recipients will be selected from 100WHF's membership. The application deadline for the first round of Scholarships is Friday, April 15, 2011 and all applicants must apply online at
www.Foundation.CAIA.org .

The 100WHF Scholarship Committee developed criteria for this Scholarship, and the CAIA Foundation will review and select the finalists, with the final decision being made by CAIA from among the recommended finalists. All applicants must apply online athttp://foundation.caia.org beginning February 17 through 11:59 p.m. Friday, April 15. Scholarship recipients will be notified in early May and will be able to register for the CAIA Level I exam September 19-30, 2011.